This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Yimikang Tech Group Co's Median PS Value or its related term are showing as below:
SZSE:300249'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.5 Med: 1.04 Max: 2.26
Current: 0.86
During the past 13 years, the highest Price to Median PS Value of Yimikang Tech Group Co was 2.26. The lowest was 0.50. And the median was 1.04.
SZSE:300249's Price-to-Median-PS-Value is ranked better than 67.78% of 1521
companies
in the Hardware industry
Industry Median: 1.15
vs SZSE:300249: 0.86
Yimikang Tech Group Co Median PS Value Historical Data
The historical data trend for Yimikang Tech Group Co's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Yimikang Tech Group Co's Median PS Value
For the Electronic Components subindustry, Yimikang Tech Group Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Yimikang Tech Group Co's Price-to-Median-PS-Value Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Yimikang Tech Group Co's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Yimikang Tech Group Co's Price-to-Median-PS-Value falls into.
Yimikang Tech Group Co Median PS Value Calculation
10-Year Median PS Ratio is 3.5183.
Yimikang Tech Group Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2.163.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Yimikang Tech Group Co (SZSE:300249) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Yimikang Tech Group Co's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
6.55
/
7.61
=
0.86
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Yimikang Tech Group Co Median PS Value Related Terms
Thank you for viewing the detailed overview of Yimikang Tech Group Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Yimikang Tech Group Co (SZSE:300249) Business Description
Yimikang Tech Group Co Ltd offers precision environment integrated solutions & services. It provides technology and solution services for IT construction, large healthcare construction, environmental governance and other cloud computing data centers. It operates in the business areas of the Information field, Medical field, and Environmental protection field. In the Information field, the company offers advanced products and total solutions in the fields of communication equipment, data center, smart building, and energy management. In the Medical field, it offers medical purification engineering, hospital's overall logistics system and medical equipment sales, and other services. Environmental protection consists of operation in the field of dust removal, desulfurization and out of stock.
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